Job crisis still looming

Toxic Customs owner Michael Causey

July 2, 2010 9:16:12 PM PDT
The job crisis is still impacting many across the country. The latest jobs report shows an increase of 83,000 jobs in June, more than reported in May, but the gains were seen mostly in large international companies and not with small businesses.

It seems like the problem has to do with the fact that small businesses aren't hiring as much as needed for an economic rebound.

One Triangle business owner says he'd love to hire new employees, but he just doesn't think he can afford it yet.

Toxic Customs owner Michael Causey say for the past six years he has been building business at his bike shop on South Saunders Street in Raleigh. Causey says that though times are looking up.

"Right now we're extremely busy, we've been extremely busy for about two weeks," Causey said.

He says he has no plans to hire anyone else even though he lost a technician three weeks ago.

"I've got one guy helping me out right now and unfortunately, I mean that's all we can do," Causey said.

And that seems to be the norm throughout the country, but it falls far short of what the economy needs to bring down the unemployment rate.

However, Causey says the future seems too uncertain for now.

"It's hard to bring somebody in and give them job security not knowing whether or not I'm going to be able to pay their paycheck," Causey said.

So, he's opting to do more with less.

"We're pushing forward we're still trying to put out the same quality of service that we put out in the past," Causey said.

He says even if it means he'll be logging more hours at work.

"I'm having to spend more of my time here, less time with my family which is definitely not preferable, but I mean this is what I've got to do," Causey said.

Causey says he will see if business stays busy for the next few months. If it does, he could hire someone as early as six months from now.

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